Imported from previous forum
Are there any mechanisms in FIX to control the rate at which messages can be entered?
Concretely, if one party (A) is entering quotes to a receiver (B), how can B set a limit on the number of quote (update) messages A can send per second, and how is A informed about the limit and any breaches of it?
[ original email was from Byron Coetzee - byron@peresys.co.za ]
> Are there any mechanisms in FIX to control the rate at which messages can be entered?
Not that I know of…
> Concretely, if one party (A) is entering quotes to a receiver (B), how can B set a limit on the number of quote (update) messages A can send per second, and how is A informed about the limit and any breaches of it?
>
You would have to control this at your application’s level,
or,
some of the fix engines have the ability to allow you to write small plug-ins which would do the job for you as the messages pass through.
Regards
Byron